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Kotak Mahindra Old Mutual Life Insurance Company

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About Kotak Life Insurance Company

Kotak Life Insurance Company is a joint venture between Kotak Mahindra Bank (74%) and Old Mutual Plc (26%) headquartered in London. The company started its operations in the year 2001. The official name of the company is Kotak Mahindra Old Mutual Life Insurance Company. The company has more than 200 branches in India.

The Kotak Mahindra Group is one of India's trusted names in financial services. It was established in 1985 and currently caters to the entire spectrum of financial products. Kotak Mahindra Bank is one of its flagship businesses with an established presence as a private bank in the country. Its other established lines of businesses include asset management, broking, investment banking and realty funds. 

Old Mutual, based in London, UK has a 165 year old history and has operations in 34 different countries around the world. Its major operations are in US and the UK. It has a portfolio of insurance, asset management, banking and long term savings products.
Market Share of Kotak Life Insurance Company

The following table shows Kotak Life Insurance market share. This is based on the Business premium collected in each of the financial year from 2011-2016.




















Year 2011-12 2012-13 2013-14 2014-15 2015-16
Market Share 1.0% 1.1% 1.1% 1.4% 1.6%



Click here to compare the trend of Kotak Life Insurance company’s market share with other companies over the last 5 years

Leadership

G Murlidhar is the Managing Director of Kotak Life Insurance Company.

Contact Details

Corporate Office
Kotak Life Insurance Corporate Office
2nd Floor, Plot # C- 12,
G- Block, BKC, Bandra (E),
Mumbai - 400051

Kotak Life Insurance Head Office
Kotak Infinity Building No. 21,
7th Floor, Zone 4, Infinity Park,
Off Western Express Highway,
General A.

1800 209 8800

insurance.kotak.com
clientservicedesk@kotak.com
“KLIFE” to 5676788

Claims ratio of Kotak Life Insurance Company

Year 2008-092009-102010-112011-122012-132013-142014-152015-162016-17
Claims ratio 77.0886.9789.3092.1092.0490.6990.7389.09Yet to be published

Market share of Kotak Life Insurance Company

Year 2008-092009-102010-112011-122012-132013-142014-152015-162016-17
Market share 1.51.2111.11.11.41.6Yet to be published

News on Kotak Life Insurance Company

Kotak Mahindra Bank will buy out stake of ...

Kotak Mahindra Bank has got a go ahead from The Competition Commission of India (CCI) to buy out the 26% stake of joint venture partner Old Mutual in Kotak life insurance arm for Rs 1,293 crore. Kotak Mahindra Life In...

Jun 19, 2017 40 views

Kotak Life Insurance has launched a new pension plan

Kotak Life Insurance has launched a new pension plan “Kotak Premier Pension Plan” with assured benefits on death and vestin...

Sep 18, 2015 428 views

Kotak Life Insurance launches Kotak Premier Life Plan

Kotak Life Insurance's Premier Life Plan is a limited premium payment, participating whole life plan. The plan provides insurance c...

Jan 07, 2016 508 views

Kotak Life insurance fined by IRDA

The Insurance Regulatory and Development Authority (IRDA) has levied a fine of Rupees Twenty two lacs on Kotak Mahindra Old Mutual Life Insurance Company for violation of certain provisions. IRDA conducted an onsite ...

Sep 10, 2012 2,447 views

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